State Codes and Statutes

Statutes > New-mexico > Chapter-46 > Article-8 > Section-46-8-2

46-8-2. Definitions.

In the Uniform Act for Simplification of Fiduciary Security Transfers [46-8-1 to 46-8-10 NMSA 1978], unless the context otherwise requires:   

A.     "assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer;   

B.     "claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties;   

C.     "corporation" means a private or public corporation, association or trust issuing a security;   

D.     "fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee;   

E.     "person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest or any other legal or commercial entity;   

F.     "security" includes any share of stock, bond, debenture, note or other security issued by a corporation that is registered as to ownership on the books of the corporation;   

G.     "transfer" means a change on the books of a corporation in the registered ownership of a security; and   

H.     "transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation.   

State Codes and Statutes

Statutes > New-mexico > Chapter-46 > Article-8 > Section-46-8-2

46-8-2. Definitions.

In the Uniform Act for Simplification of Fiduciary Security Transfers [46-8-1 to 46-8-10 NMSA 1978], unless the context otherwise requires:   

A.     "assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer;   

B.     "claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties;   

C.     "corporation" means a private or public corporation, association or trust issuing a security;   

D.     "fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee;   

E.     "person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest or any other legal or commercial entity;   

F.     "security" includes any share of stock, bond, debenture, note or other security issued by a corporation that is registered as to ownership on the books of the corporation;   

G.     "transfer" means a change on the books of a corporation in the registered ownership of a security; and   

H.     "transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation.   


State Codes and Statutes

State Codes and Statutes

Statutes > New-mexico > Chapter-46 > Article-8 > Section-46-8-2

46-8-2. Definitions.

In the Uniform Act for Simplification of Fiduciary Security Transfers [46-8-1 to 46-8-10 NMSA 1978], unless the context otherwise requires:   

A.     "assignment" includes any written stock power, bond power, bill of sale, deed, declaration of trust or other instrument of transfer;   

B.     "claim of beneficial interest" includes a claim of any interest by a decedent's legatee, distributee, heir or creditor, a beneficiary under a trust, a ward, a beneficial owner of a security registered in the name of a nominee or a minor owner of a security registered in the name of a custodian, or a claim of any similar interest, whether the claim is asserted by the claimant or by a fiduciary or by any other authorized person on his behalf, and includes a claim that the transfer would be in breach of fiduciary duties;   

C.     "corporation" means a private or public corporation, association or trust issuing a security;   

D.     "fiduciary" means an executor, administrator, trustee, guardian, committee, conservator, curator, tutor, custodian or nominee;   

E.     "person" includes an individual, a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, two or more persons having a joint or common interest or any other legal or commercial entity;   

F.     "security" includes any share of stock, bond, debenture, note or other security issued by a corporation that is registered as to ownership on the books of the corporation;   

G.     "transfer" means a change on the books of a corporation in the registered ownership of a security; and   

H.     "transfer agent" means a person employed or authorized by a corporation to transfer securities issued by the corporation.